Legal

This website (the “Site”) is owned and operated by Alio Gold Inc. Where we say “we”, “us”, “our”, the “Company”, or “Alio”, we mean Alio Gold Inc. and/or one or more or all of its affiliates, as may be applicable. By using the Site, you agree to the following terms and conditions.

Alio updates the information on the Site regularly. However, such information is not intended to be a comprehensive review of all matters and developments concerning Alio and Alio cannot guarantee the accuracy, currency or completeness of the information at all times and assumes no responsibility in this regard.

All figures on the Site are in US$ unless otherwise specified.

Cautionary Statement on Forward-Looking Information

Certain statements contained on the Site may constitute “forward-looking statements” or “forward-looking information” (collectively, “forward-looking statements”) and are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws. Forward-looking statements are statements which relate to future events. Such statements include estimates, forecasts and statements with respect to project development risks, estimated future production and cash costs, future trends, plans, strategies, objectives and expectations, including with respect to costs, capital requirements, availability of financing, production, exploration and reserves and resources and projected production at the San Francisco open pit gold mine, the associated La Chicharra open pit gold mine and the additional exploration claims in and around these mines (collectively, the “San Francisco Property”) and the Ana Paula property (the “Ana Paula Project”), including estimated internal rate of return and projected production, exploitation activities and potential and future operations. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when, and if, a project is developed. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans, “anticipates”, believes”, “estimates”, “predicts”, “potential”, or “continue” or the negative of these terms or other comparable terminology. All statements and information other than statements of historical fact may be forward-looking statements.

These forward-looking statements are based on a number of assumptions, including: the successful completion of development projects, planned expansions or other projects within the timelines anticipated and at anticipated production levels; the accuracy of reserve and resource, grade, mine life, cash cost, net present value and internal rate of return estimates and other assumptions, projections and estimates made in the technical reports for the San Francisco Property and the Ana Paula Project; that mineral resources can be developed as planned; interest and exchange rates; that required financing and permits will be obtained; general economic conditions; that labor disputes, flooding, ground instability, fire, failure of plant, equipment or processes to operate as anticipated and other risks of the mining industry will not be encountered; the price of gold, silver and other metals; competitive conditions in the mining industry; title to mineral properties; and changes in laws, rules and regulations applicable to the Company.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking statements. The Company believes the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof. Some of the risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements contained on the Site include, but are not limited to: decreases in the price of gold; competition with other companies with greater financial and human resources and technical facilities; risks associated with doing business in Mexico; maintaining compliance with governmental regulations and expenses associated with such compliance; ability to hire, train, deploy and manage qualified personnel in a timely manner; ability to obtain or renew required government permits; failure to discover new reserves, maintain or enhance existing reserves or develop new operations; risks and hazards associated with exploration and mining operations; accessibility and reliability of existing local infrastructure and availability of adequate infrastructures in the future; environmental regulation; land reclamation requirements; ownership of, or control over, the properties on which the Company operates; maintaining existing property rights or obtaining new rights; inherent uncertainties in the process of estimating mineral reserves and resources; reported reserves and resources may not accurately reflect the economic viability of the Company’s properties; uncertainties in estimating future mine production and related costs; risks associated with expansion and development of mining properties; currency exchange rate fluctuations; directors’ and officers’ conflicts of interest; inability to access additional capital; problems integrating new acquisitions and other problems with strategic transactions; legal proceedings; uncertainties related to the repatriation of funds from foreign subsidiaries; no dividend payments; volatile share price; negative research reports or analyst’s downgrades and dilution; and other factors contained in the section entitled “Risk Factors” in Alio’s annual information form, filed annually on SEDAR (www.sedar.com) and on the SEC website (www.sec.gov).

Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking statements, you are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements included on the Site if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Disclosure of Mineral Reserves and Mineral Resources

Readers are advised that National Instrument 43-101 (“NI 43-101”) of the Canadian Securities Administrators requires that each category of mineral reserves and mineral resources be reported separately. Readers should refer to our continuous disclosure documents, available on SEDAR (www.sedar.com) and on the SEC website (www.sec.gov) for this detailed information, which is subject to the qualifications and notes set forth therein. Unless otherwise provided on the Site, the technical information about our mineral properties provided by the Site has been prepared under the supervision of and approved for disclosure by [●], who is a “qualified person” within the meaning of NI 43-101.

For more information on the San Francisco Property mineral reserves and mineral resources, see the San Francisco Property technical report entitled “NI 43-101 F1 Technical Report Updated Resources and Reserves and Mine Plan for the San Francisco Gold Project, Sonora, Mexico” dated May 25, 2017 with an effective date of April 1, 2017 (the “San Francisco Report”) prepared by Micon International Limited of Toronto, Ontario (“Micon”). The Qualified Persons responsible for the San Francisco Report are William J. Lewis, B.Sc., P.Geo., Ing. Alan J. San Martin, MAusIMM(CP), Mani Verma, P.Eng. and Richard M. Gowans, B.Sc., P.Eng. of Micon. The San Francisco Report is available on the Site and has been filed on SEDAR (www.sedar.com). Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Cautionary Note to U.S. Investors

The Company is subject to the reporting requirements of applicable Canadian securities laws, and as a result reports mineral reserves and resources according to Canadian standards. Canadian reporting requirements for disclosure of mineral properties are governed by NI 43-101. The definitions of NI 43-101 are adopted from those given by the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”). U.S. reporting requirements are governed by Industry Guide 7 (“Guide 7”) of the Securities and Exchange Commission (the “Commission”). These reporting standards have similar goals in terms of conveying an appropriate level of confidence in the disclosures being reported, but embody different approaches and definitions. For example, under Guide 7, mineralization may not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. We report “resources” in accordance with NI 43-101. While the terms “Mineral Resource,” “Measured Mineral Resource,” “Indicated Mineral Resource” and “Inferred Mineral Resource” are recognized and required by Canadian regulations, they are not defined terms under the standards of the Commission and, generally, U.S. companies are not permitted to report resources in documents filed with the Commission. As such, certain information contained on this Site concerning descriptions of mineralization and resources under Canadian standards is not comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements of the Commission. In addition, an “Inferred Mineral Resource” has a great amount of uncertainty as to its existence and as to its economic and legal feasibility, and you cannot assume that all or any part of an “Inferred Mineral Resource” will ever be upgraded to a higher category. You are cautioned not to assume that all or any part of “Measured” or “Indicated” Resources will ever be converted into “Mineral Reserves”, and not to assume that all or any part of an “Inferred Mineral Resource” exists, or is economically or legally mineable. In addition, the definitions of “Proven Mineral Reserves” and “Probable Mineral Reserves” under CIM standards differ in certain respects from the standards of the Commission.

Exclusion of Liability

Alio shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), loss of profits, opportunities or information arising from:

the use of or reliance on information contained in the Site;

any inaccuracy or omission in such information or failure to keep the information current;

use of any third party websites linked to the Site;

any Internet software used in connection with the Site or computer viruses or other destructive programs encountered as a result of using the Site; and

any other matter connected with the Site; even if Alio is made aware of the possibility of such claims, expenses, damages or losses.

Alio Not Responsible for Internet Software or Computer Viruses

Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of information contained on the Site. Computer viruses or other destructive programs may also be inadvertently downloaded from the website. Alio shall not be liable for Internet software, computer viruses or destructive programs and recommends that you install appropriate anti-virus or other protective software.

Stock Quotes and Metal Pricing

Data is provided for information purposes only, and is not intended for trading purposes. Alio shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Stock and metal price quotes are delayed.

Alio Not Responsible for Linked Websites

Alio provides links to third party websites for your convenience only and the inclusion of these links does not imply that Alio monitors or endorses these websites. Accordingly, Alio accepts no responsibility for such websites.

Website is Provided as a Service Only

The Site is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by Alio to that effect. The information on the Site is not intended to modify, qualify, supplement or amend information disclosed under the corporate and securities legislation of any jurisdiction applicable to Alio and should not be used for the purpose of making investment decisions concerning Alio securities. Printed copies of public disclosure documents may be obtained from the Vice-President, Investor Relations at Alio.

Privacy Statement

Personal Information We Collect and How We Use It

You may visit the Site without providing any personal information. However, if you choose to subscribe to our email list, we will collect your name and email address. We use this information to send you press releases, quarterly and annual reports, presentations and other information concerning Alio and its affiliates and partners.

Cookies and Other Tracking Technologies

We may use cookies and other tracking technologies to collect certain technical information about your visit to our Site. This information may include the name of the Internet service provider and the Internet Protocol (IP) address through which you access the Internet, the type of operating system you are using, the date and time you accessed the Site, the pages of the Site that you visited, the website you visited directly before or after visiting our Site and information about your geographic location.

We use this information to understand how our visitors use the Site and to customize the Site to your particular preference or interests. We may also use technologies in the emails that we send that tell us whether you opened, forwarded or clicked on links in the emails.

You may be able to adjust your browser settings to block cookies or to notify you before a cookie is set. If you block cookies, certain Site functionality may not be available to you.

We may provide links to third party websites on our Site. These links are for convenience only and these websites are not operated or controlled by Alio. Any personal information you provide on these websites will be subject to the third party’s privacy statement. We recommend that you review a website’s privacy statement before visiting or providing information through such websites.

Disclosure of Your Personal Information

We may transfer personal information to outside agents or service providers (including affiliates acting in this capacity) that perform services on our behalf, such as website hosting, marketing, analytics and data hosting or processing. Some of these service providers or affiliates may be located outside of Canada, including in the United States and Mexico. While outside of Canada, personal information will be subject to applicable foreign laws, which may permit government and national security authorities to access information in certain circumstances.

We may use and disclose personal information to parties connected with the proposed or actual financing, securitization, insuring, sale, assignment or other disposal of all or part of Alio or our business or assets and for the purposes of evaluating and/or performing the proposed transaction. Assignees or successors of Alio or our business or assets may use and disclose your personal information for similar purposes as those described in this privacy statement.

We may disclose personal information as necessary to meet legal, regulatory, industry self-regulatory, insurance, audit and security requirements, and as otherwise with your consent or as permitted or required by law.

Access, Correction, Contacting Us and Your Choices

You may withdraw your consent to our collection, use or disclosure of your personal information at any time (subject to any contractual or legal restrictions).

You may request access to or correction of your personal information in our custody or control. Your right to access or correct your personal information is subject to applicable legal restrictions. We may take reasonable steps to verify your identity before granting access or making corrections.

If you wish to exercise any of these rights, or have any questions or concerns about our personal information handling practices, you may write to our Vice President, Investor Relations, Lynette Gould, at:

Security

We take reasonable steps to protect your personal information using physical, electronic or procedural security measures appropriate to the sensitivity of the information in our custody or control, which may include safeguards to protect against loss or theft, as well as unauthorized access, disclosure, copying, use or modification.

Privacy Statement Changes

We may revise this privacy statement from time to time. We encourage you to review this privacy statement frequently to obtain the current version. Your continued provision of personal information or use of our Site following any changes to this privacy statement constitutes your acceptance of any such changes.

To receive notifications via email, enter your email address and select at least one subscription below. After submitting your information, you will receive an email. You must click the link in the email to activate your subscription. You can sign up for additional subscriptions at any time.

Email Alert Sign Up Confirmation

Please note that you are now entering a website directly or indirectly maintained by a third party (the “External Website”).

Alio Gold Inc. (hereafter “Alio”) has no control over this External Website. By clicking "Accept" you acknowledge and agree that all data on the External Website is for informational purposes only and Alio management takes no responsibility for its accuracy. For the purposes of comparison with prior periods the information displayed may not fully match the data in filed financial statements. Alio is also not responsible, and does not accept or assume any responsibility or liability whatsoever for the technical operation of the External Website.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, Alio also discloses certain non-GAAP results of operations. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP. Management believes that this non-GAAP information provides investors with additional information to assess Alio’s operating performance and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP information, along with GAAP information, in evaluating its historical operating performance.